Patriot has redefined the idea of incentivizing and empowering creators to bring more value and content on various platforms to tip them or support them and yet creators are highly depend on platform policies, lack or absence of ownership of their followers, no voice in shaping the changes in the platform (youtube, instagram, tiktok, snapchat..)
The more i loooked at Only1 and its business model, it looked really compelling interms of its shift toward decentralized, community-driven models where creators have more ownership and control over their content and revenue streams. T
he use of blockchain and decentralized finance introduces new possibilities for direct peer-to-peer interactions and value exchange, emphasizing community empowerment and creator independence which i really appreciate and support, the idea.
Only1 offers scores of benefits:
Creators can launch digital collectibles as memberships, or Passes. Fans can buy Passes to gain exclusive access to the creator. Passes can also be traded the marketplace, creator earn 5% royalties on every trade.
Creators can launch 0%-fee subscription, Only1 utilizes blockchain technology to enable direct peer-to-peer transactions which eliminates the costs of payment processors and banking partners. Creators earn 100% of the subscription fee from fans.
Creators can launch Staking Pool. Users can stake LIKE token in a creator staking pool to earn LIKE reward based on the reward rate (APY), the APY increases if creator is active on the platform. Creators receive LIKE over time proportionate to the amount of LIKE staked in their pool.
Looks very promising, and yet failing to find valuable content developers questions if Only`is able to pull the m ass adoption.
5 star? I luv the idea and support creator economy in web 3. Show Less
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